Notable Analyst Rating Changes 07/22: (DF) (KLIC) (ADSK) Upgraded; (MSFT) (RT) (NYB) Downgraded

UPGRADES
Bank of America raises Dean Foods (NYSE: DF) from Neutral to Buy.

Jefferies upgrades Kulicke and Soffa Industries (Nasdaq: KLIC) to Buy with a price target of $12.00 (up from $6.00). Click Here for more color.

Jefferies upgrades Autodesk (Nasdaq: ADSK) from Hold to Buy with a price target of $44.00 (up from $40). Click Here for more color.

Advanced Micro Devices (NYSE: AMD) raised at seveal firms today, following yesterday's earnings report:

• Wells Fargo from Underperform to Market Perform with a valuation range of $6.00 to %7.50. Click Here for more color;
  
  
• Canaccord Genuity from Hold to Buy with a price target of $8.00. Click Here for more color;
  
  
• Raymond James from Underperform to Outperform.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
William Blair downgrades Microsoft (Nasdaq: MSFT) from Outperform to Market Perform.

BofA/Merrill Lynch cuts Ruby Tuesday (NYSE: RT) from Neutral to Underperform.

New York Community Bancorp (NYSE: NYB) downgraded by two:

• CRT Capital from Buy to Fairly Valued; and
  
  
• BMO Capital from Outperform to Market Perform, price target lowered from $18 to $15.

Wells Fargo downgrades Eagle Bulk Shipping (Nasdaq: EGLE) from Outperform to Underperform, with its valuation range lowered to $1.50 to $2.00 from $6.00 to $7.00. Click Here for more color.

For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Goldman Sachs initiates Marsh & McLennan (NYSE: MMC) with a Neutral and $34.00 price target.

Auriga begins Health Management (NYSE: HMA) with a Buy, and $13.00 price target.

Barclays starts HollyFrontier (NYSE: HFC) with an Equalweight, and $71.00 price target.

Nomura Securities initiates Gaylord Entertainment (NYSE: GET) at Neutral, and price target of $35.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage

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